Fastmarkets discontinues two category 3 animal fat ddp NWE assessments

Fastmarkets discontinued its weekly price assessments for AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe and AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe on Friday March 20.

The decision to discontinue these prices was proposed in a methodology note published on February 19, which can be viewed here.

No feedback was received after an open consultation, with Fastmarkets deciding to discontinue the following prices amid a lack of market liquidity:

AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe, €/tonne
Quality: Free fatty acids (FFA) max. 5%, moisture, impurities and unsaponifiable matter (MIU) max 2%, purity min 98%, polyethylene max 200 ppm
Quantity: Minimum 100 tonnes
Location: Northwest Europe, ddp
Timing: Delivery up to 45 days following date of sale
Unit: EUR/tonne
Publication: Weekly, Thursday, 4pm London time

AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe, €/tonne
Quality: Free fatty acids (FFA) max. 10%, moisture, impurities and unsaponifiable matter (MIU) max 1%, purity min 99%
Quantity: Minimum 100 tonnes
Location: Northwest Europe, ddp
Timing: Delivery up to 45 days following date of sale
Unit: EUR/tonne
Publication: Weekly, Thursday, 4pm London time

These prices are part of the Fastmarkets Agriculture package.

All short-term forecasts associated with this price (or these prices) produced by the Fastmarkets research team, if any, have also been discontinued.

To provide feedback on the discontinuation of AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe, €/tonne or AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe, €/tonne, please contact pricing@fastmarkets.com and biofuels@fastmarkets.com. Please add the subject heading “re: Discontinuation of two category 3 animal fat ddp NWE assessments.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]
Fastmarkets will implement methodology changes and clarifications to its global suite of battery-grade lithium carbonate and hydroxide assessments to align with observed trading practices, effective from Tuesday September 1, 2026.
Fastmarkets will publish a one-time differential on August 28, 2026, that may be used to adjust derivatives on commodity exchanges and other contracts, which settle against the assessment of the MB-LI-0033 lithium hydroxide, battery grade, spot price, cif China, Japan & Korea.
Fastmarkets will change the quality and tonnage specifications for its benchmark assessments of the MB-LI-0033 lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, battery grade, spot price, cif China, Japan & Korea and the MB-LI-0029 lithium carbonate, 99.5% Li2CO3 min, battery grade, spot prices, cif China, Japan & Korea, effective from Tuesday September 1, 2026.
The publication of Fastmarkets' assessment of laterite ore with 1.6% nickel content, Indonesia domestic trade, delivered for Monday June 15, 2026 was delayed due to the unavailability of the latest Indonesian government mineral reference prices (HMA). Fastmarkets’ pricing database will be updated upon the release of the latest HMA.
Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-NI-0244 nickel sulfate min 21%, max 22.5%; cobalt 10ppm max, exw China.